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SALARY CALCULATOR
LƯƠNG GROSS ⭤ LƯƠNG NET

terra’s salary calculator helps businesses and employees estimate the total salary before tax deductions (Gross salary) and the take-home pay (Net salary). The calculations for social insurance contributions, union fees, tax rates, and applicable deductions are based on current legal regulations.

Base salary

Personal deduction

Dependents

2,340,000 VND

11,000,000 VND
4,400,000 VND
$ VND
Person
$ VND
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RESULT

EMPLOYEE SALARY DETAILS

Gross Salary

Insurance

Personal income tax

Net Salary

10,000,0000

10,000,0000

10,000,0000

10,000,0000

Gross Salary

10,000,000

Social Insurance (8%)

10,000,000

Health Insurance (1.5%)

10,000,000

Unemployment Insurance (1%)

10,000,000

Assessable income

10,000,000

Personal deduction

11,000,000

Dependent deduction

10,000,000

Taxable income

10,000,000

Personal Income Tax

10,000,000

Net Salary

USD/JPY

VND

TOTAL COSTS OF EMPLOYER

Gross Salary

10,000,000

Social Insurance (17.5%)

10,000,000

Health Insurance (3%)

10,000,000

Unemployment Insurance (1%)

10,000,000

Union fund (2%)

10,000,000

Total cost

USD/JPY

VND

Note:

The Gross-Net salary conversion tool is provided for reference purposes to assist users in estimating their salaries. Therefore, terra recommends consulting with the HR department, accounting team, or qualified professionals to obtain accurate information tailored to your specific situation.

We shall not be held responsible for any troubles, losses, damages, or other issues that may arise as a result of the use of this simulator. Please be aware and acknowledge this.

Legal basis:

  • Apply the basic salary of VND 2,340,000/month, effective from July 1, 2024 (According to Article 3 of Decree No. 73/2024/ND-CP dated June 30, 2024)
  • Apply the regional minimum wage effective from July 1, 2024 (According to Article 3 of Decree No. 74/2024/ND-CP dated June 30, 2024)
  • Apply the latest family deduction of VND 11,000,000/month (VND 132,000,000/year) for taxpayers and VND 4,400,000/month for each dependent (According to Resolution No. 954/2020/UBTVQH14 dated June 2, 2020)
NEW NOTIFICATION

According to Decree No. 73/2024/ND-CP, the base salary rate and bonus system for officials, civil servants, public employees, and the armed forces will be 2,340,000 VND/month effective from 01/07/2024.

The base salary will be used as a basis for:

  • Calculating wages in salary tables, allowances, and implementing other regimes according to the law for the subjects specified in Article 2 of this Decree.
  • Calculating activity and living expenses as per the law.
  • Determining deductions and benefits based on the base salary.

Furthermore, according to Decree No. 74/2024/ND-CP, from 01/07/2024, the regional minimum wage will be adjusted as follows:

  • Region I: From 4,680,000 VND/month to 4,960,000 VND/month.
  • Region II: From 4,160,000 VND/month to 4,410,000 VND/month.
  • Region III: From 3,640,000 VND/month to 3,860,000 VND/month.
  • Region IV: From 3,250,000 VND/month to 3,450,000 VND/month.

The minimum wage per hour is also adjusted accordingly:

  • Region I: From 22,500 VND/hour to 23,800 VND/hour.
  • Region II: From 20,000 VND/hour to 21,200 VND/hour.
  • Region III: From 17,500 VND/hour to 18,600 VND/hour.
  • Region IV: From 15,600 VND/hour to 16,600 VND/hour.

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